Abstract

• BTC and ETH prices remained on an upward trend this week, signaling a broader market recovery.
• El Salvador submitted a proposal to the U.S. SEC for a cross-border regulatory sandbox collaboration.
• Floki partnered with Rice Robotics to advance on-chain AI data marketplace initiatives.
• Russia plans to launch a crypto exchange exclusively for “qualified investors,” marking a significant step toward legalizing crypto trading.
• In Q1 2025, total dApp fee revenue reached $1.8B, surpassing that of blockchain infrastructure protocols.
• The XRP Ledger team confirmed that its official SDK was backdoored, putting hundreds of thousands of developer projects at security risk.
• Puffer Finance launched an institutional-grade restaking solution, aiming to maximize both yield and security for Ethereum assets.
• Bitcoin holder behavior shows increasing divergence, suggesting a potential transition into a reaccumulation phase.

Market Analysis

Review and Insights

• BTC — Bitcoin stayed on its upward path this week, currently trading at $93,171.8. After breaking above the MA30 ($88,466) and MA10 ($93,012), it quickly tested the $94,210 resistance level and is now consolidating at higher ground, with short-term momentum slightly weakening. A breakout above this resistance with strong volume would confirm the continuation of the mid-term rally. Conversely, a breakdown below the short-term ascending trendline could lead to a retest of lower support levels. Technically, the MACD lines remain bullish in high territory, though the histogram is narrowing—signaling a slowdown in upward momentum without a reversal. Overall, the structure remains strong. A short-term consolidation may help ease overheating sentiment and build momentum for the next leg up. The mid-to-long-term trend remains positive, hinging on whether BTC can break resistance with volume confirmation. [1]

• ETH — Ethereum maintained a strong rebound this week, currently trading at $1,784.59. Since breaking above its MA30 ($1,659.27), ETH has surged and is now approaching a key resistance zone at $1,808.81. It has entered a short-term consolidation phase at higher levels. Structurally, ETH is moving along an upward channel, and recent intraday pullbacks have not disrupted the overall bullish setup. A breakout above resistance with volume could further confirm a mid-term trend reversal. Deeper corrections, however, would require close attention to the MA10 ($1,770.28) and ascending trendline support. The MACD continues to cross upward, but the histogram has started to shrink, indicating weakening short-term bullish momentum. Overall, ETH’s medium-term structure is gradually strengthening. The current consolidation may serve as a base for the next upward move, with market sentiment showing bullish—though the risk of pullbacks from high-level volatility remains. [2]

• Altcoins — Over the past seven days, altcoins saw a broad-based rebound with gains exceeding those of the previous week. Top-performing sectors this week were PolitiFi, the Bittensor ecosystem, and Solana memecoins, with 7-day market cap gains of around 82.1%, 48.4%, and 46%, respectively.[3]
• Futures Market — As of 8:00 AM (UTC+8) on April 24, 2025, total BTC options open interest stood at $37.9B, up from $31.2B last week. During this period, BTC prices briefly broke above $94,000. Signs of easing in U.S. Tariff policies contributed to improving market sentiment, driving a moderate increase in BTC options exposure. [4]
• Macro Data — On April 24, the U.S. signaled a softer stance on tariff policies, lifting equity markets: the Dow rose 1.67%, the S&P 500 gained 1.07%, and the Nasdaq jumped 2.50%. [5] As risk-off sentiment eased, gold retreated from recent highs by roughly 5%, now around $3,300/oz. [6] In the U.S. Treasury market, investment funds and foreign investors continued increasing their holdings—buying $26.249B and $7.168B of 10-year Treasuries, and $16.2B and $2.33B of 30-year Treasuries respectively. Meanwhile, 3-year Treasury purchases declined slightly. [7]
• Stablecoins — Total stablecoin market capitalization rose 0.77% this week to $235.9B, indicating mild inflows of off-exchange capital. [8]
• Gas Fees — Ethereum’s average gas fee over the past seven days rose to 0.52 Gwei, reflecting a slight increase in network activity. [9]

Trending Concepts

This week, Bitcoin rose from $84,500 to around $94,000, triggering broad-based gains across altcoin sectors. According to CoinGecko, the top-performing sectors were PolitiFi, Bittensor Ecosystem, and Solana Memecoin, with 7-day market cap increases of approximately 82.1%, 48.4%, and 46%, respectively. [10]

PolitiFi — This sector refers to crypto projects that blend “politics” and “finance,” often creating tokens and protocols that parody, simulate, or reflect real-world political figures, events, and societal issues. These projects typically use memes, voting mechanisms, and on-chain governance to turn political discourse into tradable crypto assets, attracting speculative capital and community engagement. PolitiFi projects are highly cyclical and volatile, often aligned with current news cycles and pop culture, and are mainly found on low-cost chains like Solana and Base. [11]

The PolitiFi sector surged 82.1% over the past 7 days, reaching a market cap of $3.207B with a 24-hour trading volume of $4.889B. Within the sector, token ET soared by 1,894.8% in the past 7 days.

Bittensor Ecosystem — This sector includes decentralized machine learning projects built around the Bittensor network. Bittensor uses blockchain-based incentives to encourage global developers to collaboratively train, deploy, and share high-quality AI models. Its core mechanism rewards contributors (such as model trainers and evaluators) with the TAO token, enabling continuous optimization and self-governance. Projects in this ecosystem focus on decentralized AI services, knowledge economies, data provisioning, and model collaboration, forming an open AI marketplace without centralized control.

The Bittensor Ecosystem rose 48.4% over the past 7 days, with a market cap of $3.045B and a 24-hour trading volume of $207M. Token TAOBOT within the sector gained 230.3% over the week. [12]

Solana Memecoin — This sector consists of memecoins launched on the Solana blockchain, characterized by rapid minting, low transaction fees, and strong community momentum. Thanks to Solana’s high throughput and low costs, meme projects are quickly deployed and often see surges in on-chain activity. Popular tokens such as BONK, WIF, and MEW feature themes around animals, emotions, or internet culture, and often engage users through airdrops, NFTs, and gamified experiences.

The Solana Memecoin sector grew 46% this week, with a market cap of approximately $9.54B and 24-hour trading volume reaching $8.175B. Token AWR in this category jumped 311.7% over the past 7 days. [13]

Top Performers

According to CoinGecko, the top-performing tokens over the past 7 days are as follows: [14]

TRUMP (Official Trump) — Up 76.5% in 7 days, with a circulating market cap of $2.755B.

TRUMP is a meme coin themed around a political figure, typically launched on high-performance blockchains like Solana due to their low fees and simplicity of deployment. The token creatively extends the public image of current U.S. President Donald Trump and is widely used within the PolitiFi narrative. It blends community culture, trending news, and social media virality to drive market attention.

This recent surge was triggered by President Trump’s announcement of a May event at a golf club near D.C., where the top 220 TRUMP holders will be invited to a dinner, and the top 25 holders will attend a private reception and White House tour. The news went viral on social media, spurring investor enthusiasm and driving TRUMP’s price up over 50% in a short period, making it a focal point in the meme coin market. [15]

TAO (Bittensor) — Up 47.3% in 7 days, with a circulating market cap of $2.96B.

TAO is the native token of the Bittensor network, which powers a decentralized machine learning ecosystem. Bittensor integrates blockchain with AI model training, aiming to build a global, shared marketplace for AI. TAO serves as the core incentive mechanism—rewarding nodes that contribute effective model outputs and playing a key role in governance and resource allocation. The token supports collaboration and continuous optimization of AI models, enabling value exchange through on-chain coordination. Users can earn TAO by operating validator nodes, training models, or evaluating others’ models. As a representative asset in the decentralized AI space, TAO holds both utility and value capture potential.

The recent price rally was driven by a combination of technical breakouts and renewed interest in the AI narrative, along with overall recovery in the AI sector. On April 17, Bittensor launched Subnet 44, focused on sports intelligence, further boosting market confidence in its ecosystem expansion. These factors collectively pushed TAO up by approximately 47% over the past week. [16]

SUI (Sui) — Up 43.6% in 7 days, with a circulating market cap of $9.682B.

SUI is the native token of the Sui blockchain, developed by Mysten Labs. It’s a next-generation high-performance Layer 1 chain built on the Move programming language, emphasizing parallel execution and an object-based data model to enhance scalability and user experience. It is particularly suited for high-interaction scenarios such as gaming, social platforms, and real-time apps. The SUI token is used for paying transaction fees, staking, governance, and incentivizing ecosystem activity.

This week’s rally was fueled by multiple catalysts: a surge in meme coin activity on the Sui network drew user and capital attention; the DeFi ecosystem expanded rapidly, with DEX volume exceeding $400M, TVL rising to $1.53B, and stablecoin supply reaching $82.396M—all record highs. These metrics boosted market confidence in the chain’s infrastructure. On-chain data also showed a 7.05% weekly growth in user base, 15% net inflow in stablecoins, and a nearly 20% TVL increase since the start of the month. Bullish sentiment is strong, with 90.6% of traders currently holding long positions. Additionally, global M2 liquidity is rebounding, providing favorable macro conditions for capital inflows. [17]

Weekly Spotlights

Hot Topic Review

SEC and El Salvador Explore Cross-Border Crypto Regulation Pilot, Focus on Real Estate and Crowdfunding Tokenization

The U.S. Securities and Exchange Commission (SEC)’s Special Crypto Task Force recently met with El Salvador’s National Commission of Digital Assets (CNAD), legal firm Perkin, and former Goldman Sachs partner Heather Shemilt to discuss launching a joint U.S.-El Salvador cross-border crypto regulatory sandbox. CNAD proposed a collaboration centered on two tokenization pilots—real estate and small business fundraising—aimed at providing the SEC with real-world regulatory data to help refine the U.S. digital asset oversight framework. [18]

The sandbox will be led by SEC-licensed brokers and El Salvador-based licensed tokenization firms, with financial risk capped at $10,000 per case. The first scenario will simulate tokenized real estate investment, testing compliance, liquidity, and custody security. The second will explore token-based crowdfunding mechanisms and assess their compatibility with existing U.S. fundraising regulations. The two sides will collaborate closely on regulatory exemptions, custody frameworks, and compliance pathways, aiming to move beyond traditional securities definitions and enable legal circulation of non-security tokens.

This initiative is significant for the SEC. It not only offers a direct comparison of cross-border regulatory efficiency but also leverages CNAD’s risk assessment models and hands-on experience to explore token regulation standards suitable for the U.S. market. Participants agreed that this pilot could lay the groundwork for unlocking trillions of dollars in tokenized assets and strengthen global policy coordination in crypto regulation.

Russia to Launch Crypto Exchange for “Qualified Investors Only,” Marking a Key Step Toward Legalization

According to Russian media reports, the Central Bank of Russia and the Ministry of Finance are jointly advancing plans to establish a cryptocurrency exchange restricted to “highly qualified investors.” The platform will operate under the country’s Experimental Legal Regime (ELR), a framework designed to test regulatory innovations. The move aims to “transition crypto assets from the gray zone to a compliant track,” signaling Russia’s gradual softening of its stance on crypto market regulation. [19]

Under the current draft, investor eligibility includes individuals with over 100M rubles (approximately $1.2M USD) in securities or deposits, or with an annual income exceeding 50M rubles (approximately $600,000 USD). Finance Minister Anton Siluanov emphasized that this will not be a full-scale domestic rollout but rather a “regulatory experiment” within a limited setting to develop transparent mechanisms and serve investors with higher risk tolerance.

Although President Putin signed a law in 2022 banning crypto payments, recent developments suggest Russia is accelerating efforts toward regulatory integration. Reports have circulated that Russia has used intermediaries to settle oil trades with China and India using Bitcoin and Ethereum. Amid EU and U.S. sanctions targeting Russian platforms, this push to formalize a domestic crypto exchange is also seen as a strategic response to the global sanctions regime.

Floki Partners with Rice Robotics to Bring AI Data Market On-Chain

On April 23, meme coin project Floki announced a partnership with AI robotics company Rice Robotics to launch the Minibot M1, a companion AI robot. Through its tokenization platform TokenFi, Floki will help bring the AI brand and data assets on-chain, entering the emerging “AI + blockchain” sector. This partnership marks Floki’s further expansion beyond Web3 infrastructure into real-world assets (RWA) and AI data ecosystems.

Floki, known for its meme-powered community culture, has been building a diverse ecosystem. It previously launched TokenFi for asset tokenization, the crypto education platform “Floki University,” and is developing a metaverse game called “Valhalla.” This new collaboration with Rice Robotics is another strategic extension of its ecosystem. Rice Robotics has served high-profile clients including Nvidia, SoftBank, NTT, Dubai Future Foundation, and 7-Eleven. Earlier this year, the company completed a pre-A funding round exceeding $7M, backed by Alibaba Entrepreneurs Fund, Soul Capital, and Audacy Ventures. It aims to build a decentralized AI training data network, enabling robots worldwide to autonomously access, trade, and learn from high-quality datasets without centralized control. [20]

As part of the strategic partnership, the Floki community will provide blockchain infrastructure support to Rice Robotics and help tokenize its brand and AI data market through TokenFi. The goal is to make data within the robotics ecosystem tradable, shareable, and incentivized. Floki noted that the AI robotics market, currently valued at $22B, is expected to surpass $100B by 2030.

Security Incident

XRP Ledger Confirms Backdoor in SDK, Posing Security Threat to Hundreds of Thousands of Developer Projects

On April 22, 2025, the XRP Ledger Foundation officially confirmed that versions 4.2.1 to 4.2.4 of its JavaScript SDK (xrpl.js) contained a critical security vulnerability. The SDK was compromised by an attacker who inserted a backdoor capable of stealing private keys. The vulnerability was first identified by cybersecurity firm Aikido, which reported that the attacker had modified the code of the official NPM package, embedding the exploit in multiple versions to covertly siphon user crypto assets. The breach potentially affects thousands of projects and websites, representing a serious supply chain attack in the crypto space.

The XRP Ledger Foundation has since released version 4.2.5 to replace the compromised packages and deprecated all affected versions. Developers are also advised to roll back to the unaffected version 2.14.3 if needed. The Foundation emphasized that the vulnerability is limited to the SDK layer and does not impact the core XRP Ledger codebase or GitHub repositories. Several major projects, including Xaman Wallet, XRPSCAN, Bitfrost Wallet, and GEN3, have confirmed they were not affected.

This incident underscores the systemic risks posed by the crypto industry’s reliance on public dependency libraries like NPM. In recent years, similar attack methods have been linked to groups such as Coinbase and North Korea’s Lazarus Group, who reportedly attempted to exploit open-source software supply chains. As DeFi and Web3 adoption grows, industry voices are calling for more secure dependency management and code verification frameworks to prevent future large-scale asset losses. [21]

Project Highlights

Puffer Finance Launches Institutional-Grade Restaking Solution, Combining High Yield and Security for Ethereum Assets

Ethereum infrastructure innovator Puffer Finance has announced a new institutional-grade staking and restaking solution, designed to help asset managers, custodians, DAOs, and family offices maximize ETH yield potential while maintaining control and compliance. Built on EigenLayer’s restaking mechanism, the solution enables the same ETH to validate multiple Actively Validated Services (AVS), moving beyond the fixed-yield limitations of traditional staking.

Puffer’s institutional staking solution features modular configuration and smart contract-based access control, allowing institutions to allocate assets flexibly. One portion can be allocated to traditional Ethereum staking for stable base yield, while another can be restaked via EigenLayer to earn additional rewards. The platform also supports custom withdrawal strategies, such as daily limits and delegated account management, to meet diverse risk management and governance needs. Puffer’s AccessManager and Vault contracts form the core of its secure architecture, ensuring integrity and transparency across custody, withdrawal rights, and reward distribution.

Co-founder Amir Forouzani stated that this solution bridges traditional staking and restaking, offering institutions a more dynamic and profitable staking pathway while balancing governance, security, and user experience. With the recent launch of the Puffer App, retail users can also participate in the ecosystem through one-click staking and other simplified interfaces. Looking ahead, Puffer plans to further Ethereum’s decentralization and scalability by supporting technologies like Liquid Restaking Tokens (LRTs) and AVS. [22]

Data Highlights

dApps Surpass Blockchain Infrastructure in Q1 2025 Revenue, Signaling a “Value Shift”

In the first quarter of 2025, decentralized applications (dApps) generated more fee revenue than blockchain infrastructure protocols for the first time, marking a significant shift in the value capture landscape of the blockchain ecosystem. According to data, dApps earned $1.8B in total revenue during Q1, while base layer blockchain protocols brought in $1.4B—marking the first instance of dApps overtaking infrastructure. As shown in historical data, the revenue gap between the two has been narrowing since 2021. Blockchain infrastructure peaked at over $12B in annual revenue that year but has since declined year-over-year. In contrast, dApp revenue has grown steadily, with sharp acceleration in 2024 and 2025. [23][24]

One of the primary drivers of this growth has been the explosive rise in usage of AI and social dApps. In Q1 2025, daily active wallets for AI-related dApps rose 29%, reaching a monthly average of 2.6M users. Social dApps also saw a 10% increase, with 2.8M active wallets.

This trend underscores a fundamental shift in user focus—from the blockchain itself to the applications built on top of it. Users are not engaging with blockchain just for the tech, but for the real-world use cases it enables: trading, lending, investing, social interaction, and more. These end-user-facing applications are becoming the true carriers of value in the blockchain ecosystem. Capital flows reflect this shift as well, with the “value capture” power of infrastructure weakening. More developers, investors, and users are now directing their attention and resources toward the application layer. Going forward, this suggests that the growth engine of the blockchain industry will be driven less by “scalable chains” and more by “usable applications.”

Tether Market Cap Surpasses $145B, Sets New All-Time High

As of April 23, 2025, the market capitalization of USD stablecoin Tether (USDT) has surpassed $145B, reaching a new ATH at $145.31B. Its 24-hour trading volume also climbed to $39.6B, reaffirming its dominance in the crypto market. On April 22, Tether CTO Paolo Ardoino announced that the total circulating supply of USDT had reached 145B tokens, underscoring the stablecoin’s growing importance in the ecosystem.

USDT’s growth extends beyond market cap and volume—its user base continues to expand. As of March 27, the number of Tether users exceeded 400M, marking a 14% increase since October 2024. This expansion is largely driven by Tether’s strategic push into emerging markets, especially in economically unstable regions such as Argentina, Turkey, and Vietnam, where USDT offers a digital hedge against local currency devaluation. [25][26]

The rising demand for stablecoins—particularly in periods of heightened crypto market volatility—reflects investors’ preference for using them in trading and as a store of value. However, Tether remains under intense regulatory scrutiny. Its ability to maintain its market-leading position will depend on its ongoing efforts in transparency and regulatory compliance.

Bitcoin Holder Behavior Shows Sharp Divergence, Market May Be Entering a Reaccumulation Phase

A growing divergence between long-term and short-term Bitcoin holders is becoming increasingly apparent. According to CryptoQuant data, from November 2024 to March 2025, long-term holders (LTHs) recorded consistently negative net changes in holdings, with the 30-day average dropping to nearly -20K BTC—signaling temporary weakening of conviction. However, since April 2025, net accumulation by LTHs has turned positive for the first time in months and continues to rise. The current 30-day average net increase has climbed to around +10K BTC, suggesting that mid- to long-term investor confidence is recovering after a period of capitulation.

Meanwhile, despite Bitcoin’s nearly 20% rebound from its March lows, short-term holders (STHs) have continued to exit the market. This indicates that broader sentiment remains fragile, with fear still dominating short-term trading behavior.

Long-term accumulation typically reflects a deeper understanding of market cycles and a strategic approach that resists short-term volatility. In contrast, short-term holders are often more emotionally driven, prone to panic selling during downturns. Current on-chain activity points to a scenario where “diamond hands” are steadily accumulating while more reactive participants are selling—behavior patterns commonly seen near market bottoms.

If this trend persists, it could signal that Bitcoin is entering a reaccumulation phase. Over the long run, this structural shift may help establish a solid market bottom and lay the foundation for the next bullish cycle. [27]

Market Opportunities

Project Airdrops

Soul Labs

Soul Labs is a cross-chain liquidity layer built on LayerZero, aiming to eliminate liquidity silos between blockchains and streamline the cross-chain lending experience. By aggregating liquidity across multiple networks, Soul is building a truly unified “omnichain lending protocol.” The project has now launched its incentivized testnet campaign. Users can earn “Seeds” — point-based rewards that will be convertible into the project’s native token $SO during the Token Generation Event (TGE). [28]

How to Participate:

1. Visit the testnet portal and connect your EVM-compatible wallet (e.g., MetaMask).
2. Select an available test token and deposit it into the platform.
3. Confirm your deposit transaction.
4. Choose tokens to lend or borrow. Try cross-chain interactions for the best experience (e.g., supply on Sepolia and borrow on Avalanche testnet).
5. After completion, navigate to the top menu, access the designated section, and complete all listed tasks.

Note:
The airdrop program and participation methods are subject to change. Users are advised to follow Soul Labs’ official channels for the latest updates. Additionally, users should exercise caution, be aware of potential risks, and conduct thorough research before participating. Gate.io does not guarantee the distribution of future airdrop rewards.

Weekly Fundraising Report

Several projects across infrastructure, DeFi, and other sectors successfully secured funding this week. According to RootData, from April 18 to April 23, a total of 9 projects announced fundraising rounds, with a combined amount of approximately $250M. Data as of April 24, 10:00 AM (UTC+8). [29]

Here are the top three fundraises by size:

Bitdeer — On April 22, Bitdeer raised $179M in a mix of loans and equity to support its Bitcoin chip initiative. Originally a Bitcoin mining service provider, Bitdeer has grown into a comprehensive crypto mining tech company with offerings including miner hosting, proprietary mining operations, and cloud hashrate services. The company is actively developing its own ASIC chips and expanding its global data center infrastructure.

The funds will be allocated to three main purposes: expanding data center infrastructure with plans to add 1.1 GW of power capacity in 2025 across operations in the U.S., Norway, Bhutan, and the Netherlands; accelerating ASIC chip design, development, and mass production to enhance Bitdeer’s proprietary supply chain; and supporting day-to-day operations to improve financial flexibility.

Symbiotic — On April 23, Symbiotic closed a $29M Series A round led by Pantera Capital and Coinbase Ventures. Symbiotic is a shared security protocol on Ethereum that offers a permissionless restaking platform for ERC-20 assets. It enables decentralized networks to implement flexible restaking models with customizable options for collateral, validator selection, reward distribution, and slashing mechanisms.

The funding will be used to further develop core protocol features, expand the ecosystem, and integrate with other decentralized projects. Current collaborators include Ethena, Hyperlane, Marlin’s Kalypso, Fairblock, Ojo, and Rollkit, covering areas like cross-chain transfers, zero-knowledge proof systems, and application-specific security.

Analog — On April 22, Analog raised $15M through a token sale, with the purchase completed by digital asset investment firm Bolts Capital. Analog aims to enhance unified liquidity across blockchain networks by improving cross-chain interoperability, allowing seamless asset and data flow across different chains.

The funds will be directed toward developing cross-chain infrastructure tools, boosting interoperability for decentralized finance (DeFi) and other blockchain applications.

What to Watch Next Week

Token Unlock*

According to data from Tokenomist, several major token unlocks are scheduled for next week (April 24–30, 2025), with a total unlock value of approximately $39.05M. [30]

The top three unlocks are as follows:

OP is set to unlock approximately 31.34M tokens at 12:00 AM UTC on April 30, 2025, accounting for 1.89% of its circulating supply, with an estimated value of $23.82M. Given OP’s recent average daily trading volume of around $168M, the unlock may have a moderate price impact.

VENOM will unlock around 59.26M tokens at 8:00 AM UTC on April 25, 2025, representing 2.86% of its circulating supply and valued at approximately $8.29M. With VENOM’s recent daily trading volume averaging $1.46M, this unlock could cause notable price volatility.

IOTA is scheduled to unlock roughly 15.16M tokens at 12:00 PM UTC on April 30, 2025, amounting to 0.41% of its circulating supply and valued at around $2.96M. IOTA’s recent average daily trading volume stands at $43.55M, so the unlock is expected to have a minor price impact.

Crypto Calendar

A series of major events is scheduled for next week (April 25 – May 1, 2025), which are expected to have a significant impact on the crypto market, global economy, and energy sector. On April 25, the U.S. Securities and Exchange Commission (SEC) will hold its third Crypto Policy Roundtable, focusing on crypto custody—a topic likely to shape the direction of future regulatory policies[31]. On the same day, the final reading of the University of Michigan Consumer Sentiment Index for April will also be released[32]. On April 28, The Staking Summit Dubai 2025 will take place, with a focus on staking technologies and the future of decentralized finance (DeFi)[33]. On April 29, MANTRA will burn 150M OM tokens from its team allocation. These tokens will be unstaked and removed from circulation, which may affect the project’s market liquidity and token price[34]. On April 30, Arcium will launch its public testnet, offering enhanced features and ecosystem support for its blockchain platform[35]. Meanwhile, arc’s partner AgentTank will release a new product, expected to be tied to the MCP protocol, which could create new opportunities for Web3 and AI projects[36]. Also on April 30, the U.S. will publish the year-over-year Core PCE Price Index for March, a key inflation indicator with potentially broad market implications[37]. Finally, on May 1, the U.S. will release initial jobless claims for the week ending April 26, a figure that could influence market expectations for the health of the U.S. economy[38].

References:

1. Gate.io, https://www.gate.io/trade/BTC_USDT
2. Gate.io, https://www.gate.io/trade/ETH_USDT
3. Coingecko, https://www.coingecko.com/categories
4. Coinglass, https://www.coinglass.com/pro/options/OpenInterest
5. Investing, https://www.investing.com/indices/usa-indices
6. Investing, https://www.investing.com/currencies/xau-usd
7. jinshi, https://flash.jin10.com/detail/20250424030752914800
8. Defillama, https://defillama.com/stablecoins
9. Etherscan, https://etherscan.io/gastracker#chart_gasprice
10. Coingecko, https://www.coingecko.com/categories
11. Coingecko, https://www.coingecko.com/categories/PolitiFi
12. Coingecko, https://www.coingecko.com/categories/bittensor-ecosystem
13. Coingecko, https://www.coingecko.com/en/categories/solana-meme-coins
14. Coingecko, https://www.coingecko.com
15. Bloomberg, https://www.bloomberg.com/news/articles/2025-04-23/president-trump-to-host-dinner-with-top-holders-of-his-memecoin
16. Taonews, https://tao.news/news/bittensor-announcements/official-bittensor-update-2025-04-17t120440-1850000000/
17. X, https://x.com/the_altcoinace/status/1914325846153642319
18. SEC, https://www.sec.gov/files/ctf-memo-perkin-law-firm-llc-el-salvador-national-042225.pdf
19. Theblock, https://www.theblock.co/post/351757/russia-launching-crypto-exchange-for-qualified-investors-report
20. Coindesk, https://www.coindesk.com/markets/2025/04/23/floki-teams-with-softbank-partner-rice-robotics-for-tokenization-of-ai-data
21. X, https://x.com/SolanaFloor/status/1915046013137506752
22. X, https://x.com/GoPlusZH/status/1914636499653697706
23. Fxleaders, https://www.fxleaders.com/news/2025/04/04/dappradar-q1-2025-report-defi-tvl-plunges-while-ai-and-social-dapps-surge-amid-2b-in-hacks/
24. X, https://x.com/MilkRoadDaily/status/1911472712859717772
25. Coingecko, https://www.coingecko.com/en/coins/tether
26. Thecoinrepublic, https://www.thecoinrepublic.com/2025/03/27/tether-144-billion-giant-grows-14-in-users-circle-feels-the-heat
27. Cryptoquant, https://cryptoquant.com/insights/quicktake/680790740335a940bbc92e63-Behind-the-Scenes-What-Bitcoin-Smart-Holders-Are-Doing-Right-Now?utm_source=twitter&utm_medium=sns&utm_campaign=quicktake&utm_content=it-tech
28. X, https://x.com/Airdrop_Adv/status/1914832867643023771
29. Rootdata, https://www.rootdata.com/Fundraising
30. Tokenmist, https://tokenomist.ai/unlocks
31. X, https://x.com/EleanorTerrett/status/1912603969291186223
32. Jin10, https://rili.jin10.com/day/2025-04-25
33. Stakingsummit, https://www.stakingsummit.com/
34. Mantrachain, https://www.mantrachain.io/resources/announcements/token-update-300m-om-burn
35. X, https://x.com/ArciumHQ/status/1907008018077929860
36. X, https://x.com/AgentTankLive/status/1911947604285599906
37. Jin10, https://rili.jin10.com/detail/1108764
38. Jin10, https://rili.jin10.com/detail/1108794

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